advertising Archive

Twitter COO Dick Costolo was intererviewed today at the real-time crunchup event and part of the discussion centered around how Twitter will (and does) generate revenue. Clearly they are earning revenue from Twitter’s deals with Bing and Google.

More importantly, Costolo noted that Twitter will launch an advertising model “soon”. He went on to say that soon means most likely early next year. He continued, “It (the advertising) will be fascinating, non-traditional, and people will love it.”

The final comment from Costolo noted that partners like TweetDeck will be able to partner in the advertising operation.

It seems like no matter who writes about Twitter and advertising, the concept is merging advertising inside the stream (even if it’s displayed separately) and that the ads should be targeted towards the content of the tweet.

I wonder what happens to the paid advertising programs (like the one Izea runs) once Twitter launches their own.

This morning we included a link in our startup updates to a post on the VerticalResponse blog. The company provides email marketing services for businesses. VerticalResponse CEO Janine Popick noted, “I’m all about getting new business, but we’ve tried to steer clear of going after our competitor’s customers because we think there are enough businesses out there that need  email marketing services.” I agree with Janine and that’s why you rarely see a post on CN that says x is dead because of y.

Janine’s post notes that one of the company’s competitors, iContact, ran an ad in the conference hall during the Dreamforce conference. Just one small issue with the ad…iContact spelled their competitor’s name wrong! If you are going to create ads that hit hard (maybe even considered attack ads) against your competition, you better make sure that the ads are perfectly executed. Otherwise you will end up with pie on your face like iContact has.

Earlier this month we reported on Canadian car sharing service CityFlitz as their website was removed and some customers were upset that they received no response to their customer service emails regarding their security deposits. The CityFlitz service concept offered car rentals for $1/hour (CAD) and the cars were wrapped with advertising.

Today I noticed that the CityFlitz website is back with the following unfortunate message:

This morning I spent some time at the ad:tech online advertising conference in NYC at the Javits Center. Thank goodness they finally moved out of the Hilton. I will have a post later about my thoughts from the expo floor.

Judging from the length of the line, as shown in the video below, the online advertising industry must be out of the recession and ready for major growth. Either that or there was no plan for how to handle that most conference attendees would want to, you know, actually enter the conference. Now that I think about it and listening to people on the line, it is definitely the latter. There are actually two lines like the one in the video below. As of Noon today, the line appeared to be at least 75 minutes long. Lots of people seemed pissed that they paid anywhere from $35-$1,800 and had to wait for their badge. I assume by this afternoon they will have this registration issue resolved. Let’s hope that the Web 2.0 check-in process will be smoother later this month.

If you decide to watch the video, please note that there is a lot of camera shake.
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There’s a movement underway to install countdown timers inside of the NYC subway. Many of the other large systems in the world already have them. While I don’t believe they are necessary in NYC with the very short wait times for a train, I did notice something related that could be a new way for the MTA (the transit authority in NYC) to create a new revenue stream.

Nearly every station I’ve been to recently had very clear announcements on the platforms. This is a big change from the announcement systems of the 70s and 80s. There are announcements about security, how long until the next train arrives and a variety of other public service messages.

With all of the talk these days about local and local advertising, this could be a great opportunity for the MTA to launch “platform audio advertising”. I could see two types of ads; a general category that runs across the system and a local category with ads for companies that are within a short distance of the current station.

Now let’s come back to the countdown timers. We know how far a train is from a station and that distance tells us the precise time to play the ads. Naturally we wouldn’t want to play an ad when a train is entering the station. There is plenty of time between trains entering and departing to provide a reasonable amount of ads that don’t overwhelm riders while still providing value to the local community.

A self-service system similar to Google AdWords would work well for this transit audio advertising network. Pick your time, your station(s), etc and place your bid. Other factors would have to be taken into account as well to make sure a variety of businesses were able to get in on the action.

You already have to listen to other people’s music on the subway so why not listen to some brief ads that keep our fares low and might actually provide real local value.

In related transit news, FourSquare and BART announced a partnership today.

As a railfan, it’s so exciting to see the major transit systems across the U.S. starting to embrace technology.

We’ve written about the issues at advertising exchange Entrecard several times over the past year. Now it appears that another advertising exchange is also suffering some issues. Spottt launched at the Techcrunch40 conference back in 2007.  We reviewed Spottt on their public launch and noted that they have a cute doggg as their mascot. The Spottt service is a Web 2.0 version of the LinkExchange concept from the mid-90s.

We’ve been unable to access the service for more than 24 hours and from some conversations this morning, it appears that the service has been down for a longer period of time. It seems that even more than a year ago many Spottt publishers were wondering if anyone was still using the service.

Most of the ads we saw running in the Spottt network looked pretty amateur and would probably never run on larger blogs. The interesting thing about the Spottt code is that if you have Javascript, it degrades nicely and nothing is displayed. If you aren’t running Javascript, you always see the same Spottt house ad but clicking takes you to a blank page.

Let’s hope that the doggie is just taking an extended rest.

Boston-based online advertising firm Burst Media has announced the acquisition of NY-based Giant Realm today. Giant Realm describes their service as, “an online media company that targets the tough to reach male 18-34 year old demographic by delivering original, high-quality content from respected voices in the hottest areas of entertainment – including gaming, film, television, humor, music and gadgets”. Financial terms of the acquisition were not disclosed.

I’ve used Burst Media in some capacity since the mid-90s. Today I only use them to serve some ads on InsideTransit as the other networks in my chain have performed better in both CPM and fill rate. Last year Burst Media announced several niche ad networks including a niche online gamers ad network. I assume the acquisition of Giant Realm will help to strengthen the Burst ad networks.

Giant Realm raised just over $5 million since early 2008. The company is based in midtown although no information was provided as to whether they will move in with Burst either in NYC or in Mass.

Last month Kara Swisher provided a list of companies she thought might be acquired soon and Giant Realm was one of the names on her list.

Related: check out all of our Burst Media coverage.